Well, Michael, you are correct. I don't mind a correct call or two, even if I'm wrong. However, I don't know what that POS poster writes anymore because I blocked him. His arrogance and antagonistic behavior is just too much.
Still, having a "different way" of handling things is no excuse for his name calling and generally asinine attitude.
I'd love to see if he actually bought any, as he said he would, when it passed the 18 mark. I doubt it. He's probably a 13 year old loser with .15 in his pocket.
Anyway, we'll see how many more good calls he makes. He got lucky once. Bears are always lucky once. They sit on the sidelines and cry as the market climbs, then make a little bit when it pulls back.
BTW, this market ain't beat yet. The pullback in Dec. is just tax selling, just like we saw in April. Some people said last April that I was wrong, that people weren't selling to pay tax bills. However, most indexes were nearing their highs again in August...as I suspected would occur.
AG's overly cautious approach to interest rates (which I think was overdone....I agree with his reasons and general approach, but he needs to reverse course a little more quickly) has sped up the slowdown.
This generally means a short and sharp "recession". If you look at the yield curve, it is screaming for a snap back. Usually, when it is this sharply inverted, the concurrent "boom" is very good, indeed.
We have some good times to look forward to....but probably not for 2-5 months. |
